Crypto Adoption: In Japan, Bitbank Exchange Now Accepts Dogecoin and Polkadot

The company has indeed added two new tokens, namely Dogecoin (DOGE) and Polkadot (DOT). According to blog post released by Bitbank, the two jets will also be used for Lending for Interest, Bitbank’s cryptocurrency lending service.

Japan’s Bitbank now supports Dogecoin and Polkadot

As a reminder, Bitbank is one of the many operators authorized in 2017 by the Japanese Financial Services Agency to offer cryptocurrency services on the archipelago. The objective is to support innovations related to financial technologies (fintech) in the country.

A Ponzi scheme on DOGE!

Dogecoin is also in the news this week with the discovery of a scam on the network. By tracking spam transactions, the community discovered a High Yield Investment Platform (HYIP), and has reason to believe it might be a ponzi scheme recommended for empty victims’ cryptocurrency wallets.

A large number of small transactions worth 0.0207 Doge were made daily, supposedly to hide the true nature of the business and the movement of money “explains one of the members of the community.

The company in question, Huilo Invest LTD HYIP, offers fairly high returns, offers investment plans with fairly high returns. For example, the so-called royal plan promises to earn you $1176 in 14 hours for a deposit of $1000, which is $176 in winnings.

Read also Polkadot developer seeks $27 million refund from Three Arrows Capital

According to GOV Capital’s DOGE discounters, the price will be around $0.162 in a year. While in the next five years the price reaches $0.867. Polkadot (DOT) has a bright future and will see the bull ride around 2024 with Polkadot prices reaching $30,761.

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